Answer:
d. Revenue recognition
Explanation:
The principle of revenue recognition occurs when the revenue is recognized or earned whether cash is obtained or not and it also meets the accounting accrual basis. Realizable here implies that the customer receives the product but the payment was made afterward.
Since the given scenario reflects the violation of the revenue recognition principle.
Answer:
E) None of the above
Explanation:
Calculation to determine What is your profit from implementing this strategy
Profit={[($10,000/$1.62)*$2.95]*$.55}-$10,000
Profit =[( £6,172.84 *2.95) *$.55]-$10,000
Profit=( NZ$18,209.88 x $.55)-$10,000
Profit = $10,015.43-$10,000
Profit=$15.43
Therefore your profit from implementing this strategy is $15.43
If a country were to place a limit on the number of cars that could be imported in a year, it would be an example of a Quota kind of trade regulation.
A quota is a trade limitation put in place by the government that restricts how much or how much money may be spent on items that a nation can import or export at one time. Quotas are used by nations in international trade to control the amount of trade that occurs between them and other nations. A quota is a government-imposed restriction on the amount of products or services that may be exported or imported over a given time period, or in rare circumstances, the value. A country's ability to import a certain number of items is restricted by an import quota. For instance, the US might set a 2 million annual import cap on Japanese cars. Quotas will aid domestic suppliers by lowering imports.
Learn more about quota here:
brainly.com/question/22550508
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Answer:
The correct answer is C.
Explanation:
Giving the following information:
Activity Data Activity Cost
Inspecting components (sampling only) $ 210,000
Reworking products (due to failed component) $2,454,000
Warranty work (due to failed component) $1,923,000
Sampling hours:
Hydra 60
Parabel 2,600
Activity rate= 210,000/(2,660)= $78.95= $79 per hour
